4 ms·
> Tax competition is what keeps governments in check. That's true for me, because if I decide US taxes are too high and leave the country, I don't get to keep
by ineptech 6y ago
> Tax competition is what keeps governments in check.
That's true for me, because if I decide US taxes are too high and leave the country, I don't get to keep using US roads. That's not true of Amazon.
Edit to add: more generally, this is a coordination problem[0], and mutual agreements against defection are a well-studied solution to such problems. Comparing such an agreement to mafia extortion is way off base.
0: https://en.wikipedia.org/wiki/Coordination_game https://en.wikipedia.org/wiki/Coordination_game
- noahtallen 6y agoI believe the US taxes international income as long as you’re a citizen, even if you live abroad. So maybe the comparison doesn’t quite work, but I do agree with your point! https://www.irs.gov/individuals/international-taxpayers/taxpayers-living-abroad https://www.irs.gov/individuals/international-taxpayers/taxp...